Set on approximately 2.82 acres just 12 minutes from downtown Bracebridge, this exceptionally well-maintained country home offers an impressive combination of comfortable living space, extensive outdoor areas, a substantial detached garage and a charming bunkie. Built in 2004 and showing clear pride of ownership throughout, the raised bungalow provides approximately 2,268 sq. ft. of finished living space with four bedrooms and three full bathrooms.The bright main level features a welcoming living room with engineered hardwood flooring and a thoughtfully designed custom kitchen with Corian countertops, farmhouse sink and built-in KitchenAid stainless steel appliances. The spacious primary suite includes a four-piece ensuite and oversized walk-in closet with custom built-ins, while a second bedroom and three-piece bathroom with tiled glass shower complete this level.Downstairs, the fully finished lower level adds a generous family room, two additional bedrooms, four-piece bathroom and laundry, providing plenty of room for family, guests or a home office.Outdoor living is equally well considered, with a newer approximately 16' x 28' rear deck, permanent sun pavilion with screened privacy curtains and beautifully landscaped grounds designed for relaxing and entertaining.A detached approximately 720 sq. ft. double garage is propane heated, plumbed and features a poured concrete floor plus an additional side overhead door ideal for lawn equipment, recreational vehicles or additional storage. The approximately 346 sq. ft. insulated bunkie, built in 2021, has hydro, a warm pine-lined interior and sleeping loft, creating a wonderful bonus space for guests, hobbies or a quiet retreat.With a drilled well, septic system, forced-air propane heat, central air conditioning, HRV, and water purification system, this is a thoughtfully equipped rural property offering space, versatility and easy access to the amenities of Bracebridge.
4 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $817 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1261 Falkenburg Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Finished
Lot & land
Lot size (sqft)
2.82
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
1261 Falkenburg Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,417
/mo
based on the purchase price of $899,000
$179,800 cash
$719,200 financed
$605,755 total interest
Principal54%$719,200
Interest46%$605,755
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Muskoka Lakes
Other 3–4 bed homes for sale in Muskoka Lakes around $899K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio94.3%On average, homes sold below asking.
Active listings236Homes for sale here right now.
Median vs prior 90 days+23.5%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 126 sales from Jul 23 – Oct 21, 2026 (73 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1261 Falkenburg Rd
How much is 1261 Falkenburg Rd listed for?
1261 Falkenburg Rd is listed at $899,000 (MLS® X13717016). Summitly updates the price as soon as the MLS® record changes.
Is $899,000 a good price for 1261 Falkenburg Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Muskoka Lakes. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1261 Falkenburg Rd changed?
Yes — it was first listed at $929,000 and is now $899,000, a drop of $30,000 (3.2%).
How many bedrooms and bathrooms does 1261 Falkenburg Rd have?
1261 Falkenburg Rd has 4 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Muskoka Lakes.
How much would the monthly mortgage be on 1261 Falkenburg Rd?
About $4,417 a month — principal and interest on $899,000 with 20% down ($179,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1261 Falkenburg Rd compare with other homes in Muskoka Lakes?
Its asking price of $899,000 is about 14% below the median sold price in Muskoka Lakes over the last 90 days, $1,050,000, across 126 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1261 Falkenburg Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1261 Falkenburg Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1261 Falkenburg Rd?
1261 Falkenburg Rd is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1261 Falkenburg Rd been on the market?
55 days — 1261 Falkenburg Rd was listed on August 27, 2026.
What is the price per square foot of 1261 Falkenburg Rd?
About $599 to $817 per square foot: the asking price of $899,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1261 Falkenburg Rd have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 1261 Falkenburg Rd have a basement, and is it finished?